PUBLISHER: Grand View Research | PRODUCT CODE: 2067695
PUBLISHER: Grand View Research | PRODUCT CODE: 2067695
The global mobile POS terminals market size was estimated at USD 52.47 billion in 2025 and is projected to reach USD 112.83 billion by 2033, growing at a CAGR of 9.9% from 2026 to 2033. The market has expanded rapidly due to the shift toward cashless commerce and digital-first customer experiences.
The global shift toward cashless and contactless payments will help in the market growth in the coming years. Consumers increasingly prefer convenient options such as debit cards, credit cards, mobile wallets, QR codes, and app-based payments instead of carrying cash. This change in payment behavior is pushing merchants to adopt flexible systems that can process transactions quickly and securely from anywhere in a store or at remote locations. Within the overall POS terminal market, mobile POS terminals are gaining traction due to their lower upfront costs, ease of deployment, and integration with cloud-based software solutions such as inventory management, CRM, and analytics platforms.
The mobile POS terminals industry is a rapidly growing sub segment of the broader wireless POS terminal market, driven by increasing demand for portable, flexible, and cost-effective payment solutions. While traditional POS terminals remain dominant in fixed retail environments, mobile POS devices are gaining traction in retail, hospitality, healthcare, and field services due to their mobility, cloud connectivity, and support for contactless digital payments
Android-based smart POS devices are replacing traditional proprietary terminals because they offer lower costs, easy customization, and access to a wide range of business apps. Merchants can use these devices for billing, inventory management, loyalty programs, and analytics on one platform. In January 2026, MicroTouch unveiled its new Mach 15.6-inch Android POS system, designed for modern retail and hospitality environments. The all-in-one terminal features a slim touchscreen design, integrated powered I/O ports, optional customer display, and embedded NFC readers for on-screen tap-to-pay functionality. The device supports AI-ready performance up to 10 TOPS and is targeted towards targets retail, QSR, self-service, and hospitality applications.
Tap-to-phone technology is creating significant opportunities within the POS terminal market by enabling NFC-enabled smartphones to function as payment terminals. Merchants can accept contactless card and wallet payments without separate card readers or expensive hardware. This lowers setup costs, speeds deployment, and makes digital payments accessible for small merchants, delivery workers, freelancers, and mobile service providers. It also helps businesses adopt cashless transactions faster than traditional hardware-based POS systems
Global Mobile POS Terminals Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the mobile POS terminals market report based on component, type, application, and region: